Purchase Originations
163
Median Total Costs
$5,523
−17.3% vs national ($6,680)
↓ $876 vs prior year
Median Rate
6.625%
+2.1% vs national (6.490%)
↑ 0.000% vs prior year
Median Origination
$1,861
Median Lender Credits
$327
Denial Rate
3.2%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 124 | 6.750% | $4,973 | $1,869 |
| fha | 22 | 6.495% | $9,159 | $1,643 |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,022 | 6.750% | — | 1 | −$2,501 | |
| 2 | $3,684 | 6.375% | — | 1 | −$1,839 | |
| 3 | $4,500 | 6.875% | — | 28 | −$1,023 | |
| 4 | $4,815 | 6.624% | — | 3 | −$708 | |
| 5 | $5,315 | 6.625% | — | 18 | −$208 | |
| 6 | $5,322 | 6.625% | — | 20 | −$201 | |
| 7 | $5,747 | 6.750% | — | 8 | +$224 | |
| 8 | $5,860 | 6.625% | — | 14 | +$337 | |
| 9 | $5,923 | 7.430% | — | 3 | +$400 | |
| 10 | $6,222 | 6.500% | — | 3 | +$699 | |
| 11 | $6,776 | 7.010% | — | 2 | +$1,253 | |
| 12 | $6,807 | 6.624% | — | 8 | +$1,284 | |
| 13 | $7,228 | 6.438% | — | 8 | +$1,705 | |
| 14 | $7,779 | 6.625% | — | 4 | +$2,256 | |
| 15 | $8,191 | 6.000% | — | 5 | +$2,668 | |
| 16 | $9,055 | 6.000% | — | 2 | +$3,532 | |
| 17 | $9,801 | 6.875% | — | 1 | +$4,278 | |
| 18 | $10,734 | 6.125% | — | 7 | +$5,211 | |
| 19 | $11,355 | 6.625% | — | 1 | +$5,832 | |
| 20 | $18,426 | 5.875% | — | 2 | +$12,903 |
Includes lenders with 1+ purchase originations in top counties. Source: HMDA 2025. Sorted by median total loan costs.
Peer set: the 50 highest-volume U.S. mortgage lenders in 2025 (min. 8,254 purchase originations).
| Metric | Bank of Tennessee | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $295,000 | $335,000 | −$40,000 (−11.9%) |
| Median total closing costs | $5,523 | $7,127 | −$1,604 (−22.5%) |
Other high-volume lenders side-by-side.
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Data source: HMDA Modified Loan Application Register 2025, published by the Consumer Financial Protection Bureau (CFPB).
Statistics reflect originated first-lien purchase mortgages on owner-occupied principal residences. Medians exclude loans with exempt or unreported fee disclosures. Learn more at ffiec.cfpb.gov.